Refuted previous media reports that the central bank will launch a digital currency in November, saying the news report is inaccurate speculation. On the official rumor platform on Saturday piyao.org.cn According to a statement issued by the cereptile digital currencyntral bank, the information circulated on the Internet since the end of August on the timing of the issuance of digital currency by the central bank and the institutions involved were incorrect conjectures, it said. There is speculation that the digital cryptocurrency will be launched as early as November 11, and will be issued to China's four major commercial banks, Alibaba, Tencent and UnionPay in the initial stage. Said that the progress of digital currency work will be released in due time, requiring the public to comply with the official notice. The clarification also pointed out the essential difference between China's digital currency and virtual currency such as bitcoin. The said digital currency is a legal digital currency and will be supported by national credit.
According to we media cross link pulse report, on the afternoon of April 22, xiong'an new area held a pilot promotion meeting of legal figure RMB (DCEP). The promotion meeting was organized by the reform and Development Bureau of xiong'an New Area Management Committee. Research and development institutions and pilot merchants of digital currency were invited to participate. It is worth noting that the digital currency was used for traffic subsidies in Suzhou before, but in the pilot promotion list of xiong'an, catering and retail enterprises were the main ones. The participants of this promotion meeting are composed of three parts: first, the relevant departments, including the development and Reform Bureau of the New District Management Committee, the implementation group of the legal RMB pilot work in xiong'an New District of Shijiazhuang Central Branch of the people's Bank of China, and the person in charge of the intelligent City Federation of xiong'an new area; second, the institutions involved in the research of digital currency include the branch of gongnongzhongjian in xiong'an, as well as ant financial services Tencent's relevant person in charge; third, the person in charge of the application pilot unit of the central bank's DCEP to be implemented. The specific list is as follows: Zhonghai SPV, Jinfeng catering, Jiankun catering, Kaili Hotel, Oscar studios, McDonald's, Starbucks, saibaiwei, jinbaihe, rookie post station, UnionPay unmanned supermarket, Jingdong unmanned supermarket, velike bakery, Kunlun hospitality convenience store, Qingfeng baozi shop, Zhongti Bili, CITIC bookstore, taolige and new era unmanned car. In addition to China Shipping SPV, the rest are restaurants, entertainment, retail stores.
According to Reuters, BoJ deputy governor Masai Miyai believes that the central bank's digital currency (CBDC) will not be widely supported and that the cancellation of cash will make it inconvenient to resettle public infrastructure, so no central bank will do so, according to Reuters. He added that if there are still negative interest rates on digital currency, people will still choose cash to reduce spereptile digital currencynding, thus limiting the adoption rate of digital currency by the central bank.
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